Bernanke Says Not To Worry, He’ll Just Buy The Fiscal Cliff And Turn It Into A Public Park



It’s getting pretty obvious to anyone who is paying attention, that Fed Chairman Ben Bernanke believes he must do something about the fiscal cliff. He’s just announced plans to create and spend $85 BILLION PER MONTH on mortgage and treasury securities – that amounts to more than 1 TRILLION dollars over 12 months!

The Ugly Truth About The So-Called Housing Recovery



Since 2008’s market melt-down and the advent of record numbers of foreclosures along with the loss of 35% of market value of the underlying assets, the secondary mortgage market has been reeling to and fro like a drunk down at the local bar.

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